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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Metaplanet Adds More Bitcoin, Targets 10,000 BTC by 2025

Story Highlights
  • Japanese company Metaplanet is aggressively investing in Bitcoin, currently holding 2,100 BTC.

  • Metaplanet is raising capital through equity and stock splits (including a recent 10-1 split after a reverse 1-for-10 split) to fund its Bitcoin purchases.

  • CEO Simon Gerovich emphasizes Bitcoin's value for investors.

Japanese publicly traded company Metaplanet is doubling down on Bitcoin, steadily increasing its holdings as part of its long-term strategy. The company now owns 2,100 BTC, which accounts for 0.01% of the total Bitcoin supply. In its latest move, Metaplanet purchased 68.59 BTC for $6.6 million, at an average price of $96,335 per BTC.

With a clear focus on Bitcoin, the company has set an ambitious target to accumulate 10,000 BTC by the end of 2025.

More Funds for a Stronger Bitcoin Strategy?

To support its Bitcoin acquisitions, Metaplanet has been actively raising capital. Analyst Dylan Le Clair revealed that the company secured $20 million in equity capital within just two days of launching its “21 Million Plan.”

In addition, Metaplanet announced a 10-to-1 stock split, scheduled for April 1, to make its shares more affordable for investors. This follows a reverse 1-for-10 stock split just eight months ago, after which Metaplanetโ€™s stock surged 1,370%.

CEOโ€™s Commitment to Bitcoin

Metaplanetโ€™s CEO, Simon Gerovich, confirmed on X (formerly Twitter) that the company invested $6.6 million in Bitcoin, emphasizing its strong belief in Bitcoinโ€™s transparency, stability, and value for investors. Metaplanetโ€™s influence in the crypto sector is also growing, as it now holds the largest share (6.27%) in the CoinShares Blockchain Global Equity Index, which tracks leading blockchain-focused companies.

Companyโ€™s Market Expansion

Metaplanet recently used a significant portion of its 13th series of stock acquisition rights to strengthen its position. Between February 18 and 19, the company exercised 5,000 rights, issuing 500,000 new sharesโ€”about 11.9% of the total available rights. This move is part of a broader strategy to raise funds for Bitcoin purchases and support long-term expansion. Metaplanet still has 37,000 rights left, providing further flexibility for future funding.

Stock Performance and Future Outlook

Metaplanetโ€™s stock is currently trading at 6,260 JPY, reflecting growing confidence in its Bitcoin-focused approach. With institutional interest in Bitcoin increasing, investors are closely watching how Metaplanetโ€™s strategy will shape its future in the crypto-driven corporate world.

Metaplanetโ€™s all-in approach could set the stage for a new wave of corporate adoption.

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FAQs

How Much Bitcoin Does Metaplanet Currently Own?

Metaplanet holds 2,100 BTC, about 0.01% of Bitcoinโ€™s total supply, with plans to acquire more through strategic investments.

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